Lianxun Instruments: Controlling shareholder proposes share repurchase, with total repurchase funds of no less than RMB 100 million and no more than RMB 150 million.
Lianxun Instruments announced that on November 5, 2026, the company received a letter titled "Letter Regarding the Proposal for Suzhou Lianxun Instruments Co., Ltd. to Repurchase Company Shares" issued by Mr. Hu Haiyang, the controlling shareholder, actual controller, and chairman of the board, proposing that the company use its own funds or self-raised funds to repurchase a portion of its already-issued RMB ordinary shares through the Shanghai Stock Exchange trading system by way of centralized bidding transactions. The total amount of repurchase funds shall be no less than RMB 100 million and no more than RMB 150 million, and the repurchased shares will be used for an employee stock ownership plan or equity incentive. To ease the funding pressure of this repurchase, the company plans to apply to relevant financial institutions for special loan support for share repurchases, and the total of the company's actual loan amount and the own funds used for the repurchase shall not exceed the upper limit of the repurchase amount. The specific repurchase plan shall be subject to the share repurchase plan approved by the company's board of directors.
Latest

